Common use of Seller Fails to Cure Objection Clause in Contracts

Seller Fails to Cure Objection. If Seller: (i) elects not to cure such objections; or (ii) elects to cure such objections (except that Seller must cure and satisfy the Mandatory Cure Items as required by Section 5.4) and such objection is not so timely and reasonably cured or satisfied or undertaken to be reasonably cured or satisfied by Seller, then Buyer shall, within 7 days thereafter, elect, by written notice given to Seller on or before such 7th day, either:

Appears in 4 contracts

Samples: Agreement for Purchase (First Northwest Bancorp), Agreement for Purchase and Sale (Plumas Bancorp), Agreement for Purchase and Sale (Plumas Bancorp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.